The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.
Financial Literacy and Retirement Planning in Australia
Open accessAbstract
Financial literacy and numeracy are closely tied. Furthermore, financial literacy has been shown to relate to important financial behaviors. This study examines the relationship between financial literacy and retirement planning using a measure that includes questions requiring numeracy. We implement a customized survey to a representative sample of 1,024 Australians. Overall, we find aggregate levels of financial literacy similar to comparable countries with the young, least educated, those not employed, and those not in the labor force most at risk. Our financial literacy measure is positively related to retirement planning in our sample.
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Cites
Instrumental Variables Regression with Weak Instruments
Staiger, D., & Stock, J. (1994) · doi:10.3386/t0151 · Cited by 5,302
Financial literacy and stock market participation
van Rooij, M., Lusardi, A., & Alessie, R. (2011) · Journal of Financial Economics · doi:10.1016/j.jfineco.2011.03.006 · Cited by 3,554 · cited 2×
“Other papers suggest connections between financial literacy and stock market participation, borrowing, and mutual fund selection (Lusardi and Tufano 2009; Christelis et al. 2010; van Rooij et al. 2011; Hastings and Mitchell 2011).”
BackgroundHow Ordinary Consumers Make Complex Economic Decisions: Financial Literacy and Retirement Readiness
Lusardi, A., & Mitchell, O. (2009) · doi:10.3386/w15350 · Cited by 587
How Financial Literacy Affects Household Wealth Accumulation
Behrman, J. R., Mitchell, O. S., Soo, C. K., & Bravo, D. (2012) · American Economic Review · doi:10.1257/aer.102.3.300 · Cited by 582 · cited 1×
“For example, Calvet et al. (2009) find a relationship between demographic variables related to financial sophistication and investment mistakes.”
Background
Cited by
The Economic Importance of Financial Literacy: Theory and Evidence
Lusardi, A., & Mitchell, O. S. (2014) · Journal of Economic Literature · doi:10.1257/jel.52.1.5 · Cited by 4,698
Financial Literacy, Financial Education, and Downstream Financial Behaviors
Fernandes, D., Lynch, J. G., & Netemeyer, R. G. (2014) · Management Science · doi:10.1287/mnsc.2013.1849 · Cited by 2,152
Financial literacy and the need for financial education: evidence and implications
Lusardi, A. (2019) · Swiss Journal of Economics and Statistics · doi:10.1186/s41937-019-0027-5 · Cited by 1,135
How Financially Literate Are Women? An Overview and New Insights
Bucher‐Koenen, T., Lusardi, A., Alessie, R., & van Rooij, M. (2017) · Journal of Consumer Affairs · doi:10.1111/joca.12121 · Cited by 521
Financial literacy, financial advice, and financial behavior
Stolper, O. A., & Walter, A. (2017) · Journal of Business Economics · doi:10.1007/s11573-017-0853-9 · Cited by 471
Metadata
- Authors
- Agnew, J., Bateman, H., & Thorp, S.
- Venue
- Numeracy
- Published
- 2013-07
- Volume
- 6
- Issue
- 2
- ISSN
- 1936-4660 (ISSN-L)
- OpenAlex
- W2044954060
- Cited by
- 215
- References
- 4
- FWCI
- 134.10
- Type
- journal article
- Language
- en
- Open access
- diamond
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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